Latest Updates

Nikkei 225 Higher, As Sentiment Remains Fragile

Nikkei 225 Higher, As Sentiment Remains Fragile

Asian equities finished mixed while Nikkei 225 ended 0.96% higher at 20,456.08 as investors sentiment remains fragile amid a global slowing economy. The Hang Seng trading 0.26 per cent lower at 25,612, the Singapore Straits Times index finished 0.28 per cent higher at 3,074 and the Shanghai composite ended 1,42 […]

NZDUSD Bears in Control Before 0.64

NZDUSD Bears in Control Below 0.64

NZDUSD is trading 0.28% lower at 0.6370 as the pair tries to stabilize and rebound above 44-month lows.  RBNZ Governor Adrian Orr said in an interview last week that the 50 bps interest rate cut reduces the probability of having to do more later. Reserve Bank of New Zealand cut […]

Forex focus on US – China Trade Tensions

Forex focus on US – China Trade Tensions

In a quiet day in our trading calendar EURUSD traders will follow the Germany Q2 final GDP figures due at 6:00GMT. The France August consumer confidence and August business, manufacturing confidence will be released at 6:45GMT. EURGBP investors will focus on UK Finance July mortgage approvals due 830 GMT. ECB […]

Dow Jones Rebounds, But of the Daily High

Dow Jones Rebounds, But of the Daily High

Wall Street indices rebound today with the Dow Jones adding 0.40% at 25,731.36. The Nasdaq currently is trading 0.51% higher at 7,791, while the S&P 500 trading 0.37% higher at 2,857.55 as tr5ade war tensions ease. United States Durable Goods Orders came in at 2.1% topping forecasts of 1.1% in […]

US Durable Goods Orders Data Conflicts: EURUSD Unmoved

The US Durable Goods Orders report has been released. The data came in at -0.4%, which was worse than the market consensus figure of 0.2%. The core component of this report, which carries more market impact, came in at 2.1%, which was better than the market consensus figure of 1.4%. [...]
Bitcoin – BTCUSD Rejected at the 50 Day MA

Bitcoin – BTCUSD Rejected at the 50 Day MA

Βitcoin – BTCUSD consolidates for the fourth day in a row between 9,900 and 10,400. As of writing BTCUSD adds 2.39% at 10,379 with rising volumes. Bitcoin capitalization is now over 185.6 billion while the market capitalization of the top 100 cryptocurrencies stands above 269.6 billion, today’s BTC volume is […]

DAX Regains the 200 Day MA

DAX Regains the 200 Day MA

DAX index started the week 0.44% higher at 11,662 as investor’s getting mixed signals from the USA – China trade war. The Germany IFO – Business Climate came in at 94.3 below expectations of 95.1 in August, the IFO – Expectations came in at 91.3 also below expectations of 91.5 […]